Between 2000 and 2022, the average income of women employed in Toronto, in the Canadian province of Ontario, fluctuated but increased overall, rising from 41,900 Canadian dollars in 2000 to 52,400 dollars two decades later. By contrast, men's employment income only has risen from 71,600 to 72,200 Canadian dollars over the same period.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Toronto. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Toronto. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, Toronto only reports a median household income of $54,559 among householders in the 25 to 44 years age group.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Toronto median household income by age. You can refer the same here

Income of individuals by age group, sex and income source, Canada, provinces and selected census metropolitan areas, annual.

Between 2017 and 2019, the difference between the median wages, salaries, and commissions of women and men employed in Toronto, in the province of Ontario in Canada, was between 10,060 and 10,650 Canadian dollars. In 2022, this gap was over 11,000 Canadian dollars. Since 2017, the median wages, salaries, and commissions of men have increased relatively steadily, while those of women decreased between 2019 and 2020.

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Toronto: Under 25 years, 25-44 years, 45-64 years, and over 65 years. The dataset highlights the variation in household income, offering valuable insights into economic trends and disparities within different age categories, aiding in data analysis and decision-making..

Key observations

• Upon closer examination of the distribution of households among age brackets, it reveals that there are 3(2.29%) households where the householder is under 25 years old, 42(32.06%) households with a householder aged between 25 and 44 years, 33(25.19%) households with a householder aged between 45 and 64 years, and 53(40.46%) households where the householder is over 65 years old.
• The age group of 25 to 44 years exhibits the highest median household income, while the largest number of households falls within the 65 years and over bracket. This distribution hints at economic disparities within the town of Toronto, showcasing varying income levels among different age demographics.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income brackets:

• Less than $10,000
• $10,000 to $14,999
• $15,000 to $19,999
• $20,000 to $24,999
• $25,000 to $29,999
• $30,000 to $34,999
• $35,000 to $39,999
• $40,000 to $44,999
• $45,000 to $49,999
• $50,000 to $59,999
• $60,000 to $74,999
• $75,000 to $99,999
• $100,000 to $124,999
• $125,000 to $149,999
• $150,000 to $199,999
• $200,000 or more

Variables / Data Columns

• Household Income: This column showcases 16 income brackets ranging from Under $10,000 to $200,000+ ( As mentioned above).
• Under 25 years: The count of households led by a head of household under 25 years old with income within a specified income bracket.
• 25 to 44 years: The count of households led by a head of household 25 to 44 years old with income within a specified income bracket.
• 45 to 64 years: The count of households led by a head of household 45 to 64 years old with income within a specified income bracket.
• 65 years and over: The count of households led by a head of household 65 years and over old with income within a specified income bracket.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Toronto median household income by age. You can refer the same here

Average and median market, total and after-tax income of individuals by visible minority group, Indigenous group and immigration status, Canada and provinces.

This table contains 692 series, with data for years 1996 - 1996 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (173 items: Canada; Newfoundland and Labrador; Health and Community Services St. John's Region, Newfoundland and Labrador; Health and Community Services Eastern Region, Newfoundland and Labrador; ...); Characteristics (4 items: Average personal income; Standard error - average personal income; Low 95% confidence interval - average personal income; High 95% confidence interval - average personal income).

This map shows median income of individuals, for the population 15 years of age and over reporting income in 1995 (not including institutional residents). The highest median incomes were observed in the urban areas of Vancouver, Calgary, Toronto, Ottawa-Hull, Montreal, and Quebec. According to the 1996 Census, close to 21 million individuals reported income for 1995. The total income from all sources reflected a 6% decrease when compared to 1990. The national median income for Canada was $18 891. Incomes of individuals and families living in rural Canada tended to be lower than for urban areas. Differences in income distributions were also significant within major urban areas. Nearly 80% of the total population lived in census metropolitan areas.

This statistic depicts the median annual family income in Canada from 2000 to 2020. In 2020, the median annual family income in Canada was 96,220 Canadian dollars.

In 2022, in Toronto, in the Canadian province of Ontario, 11.6 percent of the population with employment income earned less than 5,000 Canadian dollars, while those earning more than 100,000 Canadian dollars represented 16.6 percent of the population.In 2023, there were more than 3.7 million people employed in Toronto, and the industry that employed the largest number of people was wholesale and retail trade.

Distribution of employment income of individuals by sex and work activity, Canada, provinces and selected census metropolitan areas, annual.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Toronto, SD, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 18,826, while the mean income for the highest quintile (20% of households with the highest income) is 127,632. This indicates that the top earners earn 7 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 152,603, which is 119.56% higher compared to the highest quintile, and 810.60% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2023 inflation-adjusted dollars for the specific income level.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Toronto median household income. You can refer the same here

The median total income of all families in Ontario increased by 2,370 dollars (+2.38 percent) since the previous year. Therefore, the median total income of all families in Ontario reached a peak in 2022 with 101,920 dollars. Find more key insights for the median total income of all families in countries and regions like number of families receiving employment insurance benefits (Canada), median employment insurance benefits received by persons not in census families (Canada), and median total income of all families (New Brunswick).

The median total income in Canada increased by 1,440 dollars (+3.46 percent) in 2022. With 43,090 dollars, the median total income thereby reached its highest value in the observed period.

The statistic shows the average annual earnings of full-time, year-round workers in Canada from 1990 to 2011. In 2011, the average annual earnings for full-time employees stood at 57,600 Canadian dollars.

Average weekly earnings, average hourly wage rate and average usual weekly hours by union status and type of work, last 5 years.

Average hourly and weekly wage rate, and median hourly and weekly wage rate by North American Industry Classification System (NAICS), type of work, gender, and age group.

Explore the progression of average salaries for graduates in University Of Toronto from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of University Of Toronto relative to other fields. This data is essential for students assessing the return on investment of their education in University Of Toronto, providing a clear picture of financial prospects post-graduation.

Families of tax filers; Distribution of total income by census family type and age of older partner, parent or individual (final T1 Family File; T1FF).

Average earnings, by age group and highest level of education, from the 2016 Census of Population.